Search results

Thank you Darryl, I will send an email tonight. The agent is registered with ASIC as credit adviser and does have laws they have to abide by (which we've recorded down the breaches). What you summarised is exactly where I was coming from :) I believe I tried FOS but will check again (they...

That was a whole other story, used recommended lawyers of vendor finance agent (doh) to draw up paperwork and turned out it was fraudlent (never paid lawyer for work). Another $750 down the drain up front which only discovered paperwork not legite after bank closed in :(

Thank you for the replies. The owner has debt higher than the value of all properties, this being the reason the bank closed down. They just kept borrowing to fund further purchases and debts, which with the marketplace drops spiralled out of control. We do not see the owner as...

I am seeking anyone's help in understanding any avenues to seek compensation for a Rent to Own contract failure. In summary, we were the buyers who followed everything to the T, the owner went into bankruptcy and we got kicked out losing all our money after 12 months paying option fees, rent...